Nvidia on Wednesday delivered strong quarterly results to cap off its fiscal year, outdone only by the chip giant’s outlook for the current quarter, in a sign the AI boom continues apace. Revenue in the company’s fiscal 2026 fourth quarter increased 73% year over year to $68.13 billion, outpacing the …
Here are Monday’s biggest calls on Wall Street: Goldman Sachs upgrades Coinbase to buy from neutral Goldman said the stock is “best-in-class.” “In light of this, we u/g COIN t o Buy (from Neutral), reflecting a shift to structural growth through a growing derivatives business, best-in-class, growing crypto infrastructure businesses, …
Chip engineer handling a wafer. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing is placing hopes on domestic alternatives such as Huawei. The task has been made more challenging by the fact that U.S. curbs not only …
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the …
Smart robotic arms work on the production line at the production workshop of Changqing Auto Parts Co., LTD., located in Anqing Economic Development Zone, Anhui Province, China, on March 13, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China missed several key targets …
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to position themselves for a global trade war. Canada and Mexico face 25% duties on their exports to the U.S., with a lower 10% levy imposed on Chinese goods. Canada has …
My top 10 things to watch Wednesday, Jan. 29 1. Wall Street was headed for a muted open after the Nasdaq closed 2% higher Tuesday and made back a big chunk of Monday’s big DeepSeek-driven selloff. The market is still heavily overbought, so I’m more inclined to reduce stock exposure …
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold off and were on pace to wipe out billions in market cap. Later on Monday, …
For the price of a 500 square foot apartment in NYC, you can get a property over 2,000 square feet in Madrid, Spain, according to My Dolce Casa. Alexander Spatari | Moment | Getty Images Between political upheaval, some weak economic data and warnings about falling short of its growth …
Euro, sterling fall against U.S. dollar The euro and British pound were both around 0.2% lower against the U.S. dollar in mid-morning trade, coming off solid gains against the greenback in the previous session. Investors are continuing to assess the impact of U.S. President-elect Donald Trump’s upcoming increase in trade …